This past week in gold

SLV – on sell signal.
New high has not been confirmed by a new buy signal, yet.

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GDX – on buy signal.

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XGD.TO – on buy signal.

Summary

Long term – on major buy signal.
Short term – on mixed signals.
We have taken advantage of the current consolidation and increased our exposure. We have also raised stops to manage risk.

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DisclosureWe
do not offer predictions or forecasts for the markets. What you
see here is our simple trading model which provides us the signals
and set ups to be either long, short, or in cash at any given
time. Entry points and stops are provided in real time to subscribers,
therefore, this update may not reflect our current positions
in the markets. Trade at your own discretion.